Pebblebrook Hotel Trust: 7.5% Preferred Yield Acceptable, But Better Opportunities Elsewhere

Art Wager/iStock Unreleased via Getty Images Introduction After discussing some series of preferred shares issued by other companies I wanted to have a closer look at the preferred shares issued by Pebblebrook Hotel Trust (NYSE:PEB). I already have a long position in the Chatham and RLJ Lodging Trust preferred shares and I don't mind exposure to the hospitality sector as long as I can rely on the (preferred) dividend income. YCharts Data by The hotel REIT's performance is more than acceptable Although the F ...